This is why the company feels that comparing the 2021 performance to the 2019 performance gives a more accurate analysis. Plus500 managed to generate more than twice the revenue in H1 2021 for the same period in 2019. The trading update also mentions that the company managed to achieve this even in the face of…
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The company also underwent a compliance readiness assessment based on the Association of Banks in Singapore (ABS) Guidelines for Outsourced Service Provider Audit Report (OSPAR) by PwC. This audit report is the framework that external auditors use to validate the service provider’s controls against the criteria stated in the guidelines of the association. The readiness…
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This is a significant drop from the highest trading volumes that were hit during March. The peak brought in a total volume of $170.5 billion with a daily average of $7.4 billion. Since then, there has been a fall every month, with April showing a total of $124.2 billion and a daily average of $5.6…
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Prime XM Data Centre in London LD4 registered $806.32 billion in notional value. The Data Centre NY4 has preserved second place from TY3 with $ 141.76 billion in monthly trading volume. XAUUSD remains consistent as the most popular instrument of PrimeXM's traders for the past few months, with a total trading volume of $317.27 billion…
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The new trading instruments include stocks of companies such as Petrobras (PETR4), Itau Unibanco (ITUB4), Banco Bradesco (BBDC4), AmBev (ABEV3), Vale (VALE3). Robo Markets revealed that the conditions for trading CFDs on Brazilian stocks include commission from 0.1% (but not less than 10 BRL); Spreads from 0 pips and trading time from 4:10 to 10:55…
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The June ADV reached 45.3% increase YoY, compared to the same period last year. The broker’s ADV encompasses volumes traded across the group’s liquidity network which includes TrueFX and Integral OCX, in aggregate.
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The company has stated that it manages over $80 billion for around 18 million users on its platform, of which more than half have made accounts for a first time. The company also reported that its growing business managed to turn a profit last year. Its sales rose to $958.8 million last year, registering 245%…
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The report showed a 3.7% MoM increase in average daily volumes, compared to May. FXSpotStream’s ADV hit $49.09 billion in June, while May it was $47 billion. June became the 3rd highest ADV in FXSpotStream's history. The ADV for June stood at a 13.4% increase year-over-year. The company’s ADV year-to-date, from January to June 2021,…
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The following partners are set to provide data through the all new ESG Data Hub: Ecogain will cover biodiversity, Equileap will provide data on gender equality, RepRisk for reputational risk, Inrate for carbon emissions, Munich Re will analyse climate risk, and Upright Project for net impact, while Clean Tech will provide data on renewable technology.…
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The trading app launched crypto trading in 2018 and now cryptocurrencies such as Bitcoin and Ethereum are available for trading. About a half of the users on the app are first-time investors. This year has been particularly volatile for crypto trading. SEC Chairman Gary Gensler is expected to make a number of new policies and…
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